TD Cowen Forecasts Strong Price Appreciation for Fifth Third Bancorp (NASDAQ:FITB) Stock

Fifth Third Bancorp (NASDAQ:FITB) had its target price raised by equities research analysts at TD Cowen from $58.00 to $60.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. TD Cowen’s price target points to a potential upside of 21.99% from the company’s previous close.

FITB has been the subject of several other reports. Argus increased their price target on Fifth Third Bancorp from $46.00 to $49.00 in a research report on Tuesday, October 7th. DA Davidson increased their price objective on Fifth Third Bancorp from $47.00 to $52.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Stephens raised their target price on shares of Fifth Third Bancorp from $54.00 to $57.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Cowen reaffirmed a “buy” rating on shares of Fifth Third Bancorp in a research report on Wednesday. Finally, Wells Fargo & Company lifted their price objective on shares of Fifth Third Bancorp from $52.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.90.

Fifth Third Bancorp Stock Down 1.2%

NASDAQ FITB traded down $0.59 during trading on Wednesday, hitting $49.19. The stock had a trading volume of 1,772,826 shares, compared to its average volume of 5,545,358. The company has a market capitalization of $32.51 billion, a PE ratio of 14.69, a P/E/G ratio of 0.87 and a beta of 0.97. Fifth Third Bancorp has a 12 month low of $32.25 and a 12 month high of $49.88. The company’s 50-day moving average price is $44.95 and its two-hundred day moving average price is $43.93. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.82 and a current ratio of 0.82.

Fifth Third Bancorp (NASDAQ:FITB) last posted its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $0.91 EPS for the quarter. The company had revenue of $3.82 billion during the quarter. Fifth Third Bancorp had a net margin of 18.67% and a return on equity of 13.41%. As a group, sell-side analysts forecast that Fifth Third Bancorp will post 3.68 EPS for the current year.

Insiders Place Their Bets

In other Fifth Third Bancorp news, Director Evan Bayh purchased 3,000 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The shares were acquired at an average cost of $41.22 per share, for a total transaction of $123,660.00. Following the completion of the purchase, the director owned 84,942 shares of the company’s stock, valued at approximately $3,501,309.24. The trade was a 3.66% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jude Schramm sold 2,250 shares of Fifth Third Bancorp stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $48.50, for a total transaction of $109,125.00. Following the completion of the sale, the executive vice president owned 129,191 shares of the company’s stock, valued at $6,265,763.50. This trade represents a 1.71% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Norges Bank acquired a new stake in Fifth Third Bancorp during the second quarter worth about $357,440,000. Invesco Ltd. raised its position in shares of Fifth Third Bancorp by 16.6% in the 2nd quarter. Invesco Ltd. now owns 20,677,686 shares of the financial services provider’s stock valued at $850,473,000 after buying an additional 2,941,333 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Fifth Third Bancorp by 16.7% during the 3rd quarter. Bank of America Corp DE now owns 16,037,185 shares of the financial services provider’s stock worth $714,457,000 after acquiring an additional 2,293,939 shares during the period. Capital World Investors boosted its position in shares of Fifth Third Bancorp by 6.2% during the 3rd quarter. Capital World Investors now owns 30,830,308 shares of the financial services provider’s stock worth $1,373,490,000 after acquiring an additional 1,803,861 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Fifth Third Bancorp by 1.6% in the second quarter. Vanguard Group Inc. now owns 83,849,824 shares of the financial services provider’s stock valued at $3,448,743,000 after acquiring an additional 1,301,624 shares during the last quarter. 83.79% of the stock is owned by institutional investors.

Key Fifth Third Bancorp News

Here are the key news stories impacting Fifth Third Bancorp this week:

• Positive Sentiment: Shareholders of both banks overwhelmingly approved the proposed combination, a key closing milestone; the deal is expected to close in Q1 2026, advancing Fifth Third’s scale and cross‑sell opportunities—an earnings-accretive rationale for investors. Fifth Third Shareholders and Comerica Stockholders Vote to Approve Combination
• Positive Sentiment: Analyst support increased after the merger news: Barclays and other brokers raised targets/ratings (Barclays to $61), which helped push FITB to a new 52‑week high and supports upside potential from multiple expansion. Fifth Third price target raised to $61 from $51 at Barclays
• Neutral Sentiment: Comerica’s management is reportedly weighing potential layoffs post‑vote; cost cutting could improve combined margins but raises execution, integration and reputational considerations—impact on FITB EPS depends on how savings vs. one‑time costs net out. Comerica weighs potential layoffs after shareholders approve Fifth Third merger
• Neutral Sentiment: Business momentum and brand recognition remain positive under the hood—Fifth Third Private Bank earned industry recognition (Global Finance), supporting fee-income and wealth management growth initiatives that are complementary to the merger strategy. Fifth Third Private Bank Named Best Private Bank for Seventh Year by Global Finance
• Negative Sentiment: Some deal risk remains: Reuters reports Comerica shareholders approved the $10.9B sale despite opposition from an activist hedge fund—activist objections and any regulatory scrutiny or integration missteps could pressure the stock until the transaction closes and synergies are realized. Exclusive: Comerica shareholders approve $10.9 billion deal with Fifth Third Bancorp

About Fifth Third Bancorp

Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.

On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.